During a meeting of mayors nationwide, held yesterday in Brasilia, the Brazilian capital, Economy Minister Paulo Guedes promised that the current government will implement a plan called "cheap energy shock." According to him, by ending Petrobras' monopoly in this sector and encouraging competition, the price of gas will be halved.
At the same meeting, Guedes said he will reduce the number of taxes in the country and create a Single Federal Tax.
According to the National Union of Liquefied Petroleum Gas Distributors (Sindigas), six companies account for almost 90% of the distribution market in Brazil. In the previous management of Petrobras, during the Michel Temer government, the sale of 90% of the shares of Nova Transportadora do Sudeste (NTS) and the sale of 49% of the subsidiary Gaspetro was completed.
Currently, Petrobras is responsible as a concessionaire for 75% of the gas produced and for 96% as an operator.
Brazil currently consumes about 100 million cubic meters of natural gas per day, only 4% of households in the country use piped gas. The other 96% is divided between wood stoves, gas canisters and other alternatives.
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